Dubai Land Department and RusBiz ink helpdesk deal
DLD's deal with RusBiz aims to satisfy queries by Russian speakers from 12 countries that have invested $3.8bn in Dubai's property over the last three years
Dubai Land Department (DLD) announced it has inked an agreement with RusBiz in a bid to satisfy queries from Russian speakers.
RusBiz will provide customer services on behalf of DLD to Russian-speaking clients, and handle the translation of DLD's legal documents from Arabic or English to Russian.
DLD's data shows that 12 Russian-speaking nationalities across 6,000 investors have invested up to $3.8bn (AED14bn) in Dubai over the last three years.
These speakers hail from Russia; Kazakhstan; Azerbaijan; Uzbekistan; Ukraine; Turkemistan; Tajikistan; Belarus; Armenia; Kyrgyzstan; and Moldova.
Remarking on the agreement, HE Majida Al Rashid, head of Real Estate Investment Management and Promotion Centre at DLD, said the agreement comes as the land department looks to "take advantage of all possible opportunities to promote" the emirate's property market.
He added: "[The deal is also aimed at] providing better services to investors in their own language.
"In light of the growing demand for Dubai’s real estate market by citizens of Russian-speaking countries, RusBiz emerged as the ideal partner to provide information services and support to promote investment activities."